Nordea 1 – Alpha 15 MA Fund

Nordea Asset Management

Strategy Description

Nordea 1 – Alpha 15 MA Fund allocates investments across six underlying strategies that operate independently as sub-portfolios and harvest multiple different risk premia. The first four strategies are built following the risk balancing principle, which consists of combining both beta and anti-beta risk premia for “all-weather” behaviour. Such portfolios are created to perform well independently from the investment cycle. These four strategies aim to generate more balanced and less volatile returns over time with limited market exposure. The last two strategies are directional strategies aiming to deliver absolute returns over time. These strategies will not invest in trades that are meant to offset each other in different market environments, but rather tend to exploit particular market inefficiencies and recognised patterns identified and developed by the Multi Assets Team proprietary models. Nordea 1 – Alpha 15 MA Fund aims to generate a return of cash +7 - 10 percent per year (gross of fees) over a full investment cycle with expected volatility between 10 – 15 percent.

Fund Information

General Information

NHX CategoryDiversified
NHX CountryDenmark
Legal StructureSICAV
Fund DomicileLuxembourg
Minimum Investment75,000 EUR
AUM3,065M EUR
Inception DateJun 2011
Management Fee2.00%
Performance Fee0.00%
SFDR Classification -

Company Information

CompanyNordea Asset Management
Address562, rue de Neudorf
Luxembourg, L-2220
Phone+352 43887-300
E-mail[email protected]
Websitehttp://www.nordea.lu
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 4.94 -3.75 0.41 -4.85 -4.67 0.22 0.33 4.05 1.31 -2.49
2023 -3.29 0.12 3.96 3.41 -4.53 -3.06 -0.53 3.46 -2.19 1.01 -1.64 -1.87 -5.46
2022 -3.64 -2.15 -0.23 1.16 -3.54 -4.29 7.36 -3.09 -3.54 4.36 1.72 -0.16 -6.55
2021 -1.14 -1.03 4.67 -0.22 1.48 3.63 5.49 0.14 -1.99 -3.62 4.33 4.21 16.59
2020 0.78 -2.69 4.95 6.16 1.10 -3.77 2.11 1.23 0.27 -4.25 6.03 0.72 12.66
2019 4.67 2.27 0.84 0.34 -2.95 2.80 1.72 1.70 -0.94 0.23 1.49 -1.01 11.51
2018 1.16 -0.01 0.37 -0.30 -2.98 -0.24 1.80 1.09 0.38 -4.60 3.22 -4.05 -4.38
2017 0.50 6.55 3.07 -0.65 0.26 -1.30 1.25 -0.03 -0.87 2.61 1.95 -1.00 12.76
2016 0.94 2.08 5.39 1.02 -0.15 7.02 2.39 0.49 2.13 -1.57 -6.66 0.67 13.93
2015 4.53 2.04 2.21 -2.28 -0.14 -1.06 3.81 -0.88 0.54 1.03 -0.72 0.34 9.59
2014 -3.01 -4.43 6.22 2.16 5.49 2.87 0.14 0.30 -0.95 -4.92 0.66 -0.49 3.42
2013 3.22 -1.28 -0.09 1.21 -2.34 -4.35 -0.25 -3.53 0.70 5.07 1.93 -3.15 -3.26
2012 3.24 2.97 -1.77 -2.64 0.44 0.04 2.10 -2.45 5.62 1.60 1.06 -0.18 10.14
2011 -0.06 -0.52 -3.38 -0.81 7.85 -6.77 2.96 -1.36

Portfolio Managers

 
No data filled

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. HedgeNordic in no way guarantees the accuracy of these numbers and has supplied them to you for information purposes only. This does not constitute a solicitation to buy or an offer to sell. No investment should be made without fully reviewing the associated risk factors, fees and conflicts of interest as outlined in each fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Past results are not necessarily indicative of future results. Trade only with risk capital. Sales restrictions may apply in your jurisdiction.

Monthly Returns

Performance (VAMI)

Distribution of Monthly Returns

12 MONTH ROLLING ROR Return

Drawdown Report

No. Depth (%) Length (Months) Recovery (Months) Start date End date
Fund Index Fund Index Fund Index Fund Index Fund Index
1 -18.73% 29 0 01/2022 -
2 -13.12% 13 4 02/2013 06/2014
3 -8.13% 2 4 10/2016 03/2017
4 -6.77% 1 3 11/2011 02/2012
5 -5.82% 2 4 09/2014 02/2015

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return1.88%-0.65%-0.42%-0.10%-0.28%
% Positive100.00%66.67%58.33%54.17%47.22%
Avg. Pos. Period1.90%1.48%1.75%2.25%2.73%
Avg. Neg. Period - -4.76%-3.36%-2.78%-2.88%
Sharpe Ratio4.17-0.65-0.43-0.06-0.24
Sortino Ratio0.00-0.82-0.62-0.16-0.42
Monthly Volatility1.57%3.20%3.00%3.00%3.29%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 7.85%-6.77%0.43%0.34%1.31%56.88%
3 Months 14.47%-10.23%1.25%1.27%5.76%60.76%
6 Months 18.91%-12.14%2.49%2.43%-3.86%64.52%
1 Year 23.98%-12.48%5.43%4.98%-4.93%77.18%
2 Years 33.10%-13.36%12.01%10.72%-2.30%87.59%
3 Years 49.18%-15.95%20.59%20.04%-9.73%95.20%
5 Years 60.79%8.89%39.28%40.47%13.94%100.00%

Volatility (12 Months Rolling)

CORRELATION (12 MONTH ROLLING)

AUM (EUR)

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. HedgeNordic in no way guarantees the accuracy of these numbers and has supplied them to you for information purposes only. This does not constitute a solicitation to buy or an offer to sell. No investment should be made without fully reviewing the associated risk factors, fees and conflicts of interest as outlined in each fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Past results are not necessarily indicative of future results. Trade only with risk capital. Sales restrictions may apply in your jurisdiction.

Strategy Description

Nordea 1 – Alpha 15 MA Fund allocates investments across six underlying strategies that operate independently as sub-portfolios and harvest multiple different risk premia. The first four strategies are built following the risk balancing principle, which consists of combining both beta and anti-beta risk premia for “all-weather” behaviour. Such portfolios are created to perform well independently from the investment cycle. These four strategies aim to generate more balanced and less volatile returns over time with limited market exposure. The last two strategies are directional strategies aiming to deliver absolute returns over time. These strategies will not invest in trades that are meant to offset each other in different market environments, but rather tend to exploit particular market inefficiencies and recognised patterns identified and developed by the Multi Assets Team proprietary models. Nordea 1 – Alpha 15 MA Fund aims to generate a return of cash +7 - 10 percent per year (gross of fees) over a full investment cycle with expected volatility between 10 – 15 percent.

Fund Information

General Information

NHX CategoryDiversified
NHX CountryDenmark
Legal StructureSICAV
Fund DomicileLuxembourg
Minimum Investment75,000 EUR
AUM3,065M EUR
Inception DateJun 2011
Management Fee2.00%
Performance Fee0.00%
SFDR Classification -

Company Information

CompanyNordea Asset Management
Address562, rue de Neudorf
Luxembourg, L-2220
Phone+352 43887-300
E-mail[email protected]
Websitehttp://www.nordea.lu
Social Media

Monthly Performance

  Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Year
2024 4.94 -3.75 0.41 -4.85 -4.67 0.22 0.33 4.05 1.31 -2.49
2023 -3.29 0.12 3.96 3.41 -4.53 -3.06 -0.53 3.46 -2.19 1.01 -1.64 -1.87 -5.46
2022 -3.64 -2.15 -0.23 1.16 -3.54 -4.29 7.36 -3.09 -3.54 4.36 1.72 -0.16 -6.55
2021 -1.14 -1.03 4.67 -0.22 1.48 3.63 5.49 0.14 -1.99 -3.62 4.33 4.21 16.59
2020 0.78 -2.69 4.95 6.16 1.10 -3.77 2.11 1.23 0.27 -4.25 6.03 0.72 12.66
2019 4.67 2.27 0.84 0.34 -2.95 2.80 1.72 1.70 -0.94 0.23 1.49 -1.01 11.51
2018 1.16 -0.01 0.37 -0.30 -2.98 -0.24 1.80 1.09 0.38 -4.60 3.22 -4.05 -4.38
2017 0.50 6.55 3.07 -0.65 0.26 -1.30 1.25 -0.03 -0.87 2.61 1.95 -1.00 12.76
2016 0.94 2.08 5.39 1.02 -0.15 7.02 2.39 0.49 2.13 -1.57 -6.66 0.67 13.93
2015 4.53 2.04 2.21 -2.28 -0.14 -1.06 3.81 -0.88 0.54 1.03 -0.72 0.34 9.59
2014 -3.01 -4.43 6.22 2.16 5.49 2.87 0.14 0.30 -0.95 -4.92 0.66 -0.49 3.42
2013 3.22 -1.28 -0.09 1.21 -2.34 -4.35 -0.25 -3.53 0.70 5.07 1.93 -3.15 -3.26
2012 3.24 2.97 -1.77 -2.64 0.44 0.04 2.10 -2.45 5.62 1.60 1.06 -0.18 10.14
2011 -0.06 -0.52 -3.38 -0.81 7.85 -6.77 2.96 -1.36

Portfolio Managers

 
No data filled

Return Statistics

Last Month Return 1.31%
3 Month Return 5.76%
Year to Date Return -2.49%
12 Month Return -4.93%
36 Month Return -9.73%
Total Return Annualized 4.71%
Winning Months (%) 56.88%
Average Winning Month 2.42%
Average Losing Month -2.20%
Total Return Cumulative 84.64%

Risk Statistics (12M)

1 Year
Sharpe Ratio-0.43
Sortino Ratio-0.62
Sterling-0.22
Calmar-0.40
Skewness0.13
Kurtosis0.02
Maximum Drawdown-12.34%
Correlation vs S&P 500-0.11
Annualized Volatility10.38%
Annualized Down. Deviation4.72%

Risk/Return Comparison

Monthly Returns

Performance (VAMI)

Distribution of Monthly Returns

12 MONTH ROLLING ROR Return

Drawdown Report

No. Depth (%) Length (Months) Recovery (Months) Start date End date
Fund Index Fund Index Fund Index Fund Index Fund Index
1 -18.73% 29 0 01/2022 -
2 -13.12% 13 4 02/2013 06/2014
3 -8.13% 2 4 10/2016 03/2017
4 -6.77% 1 3 11/2011 02/2012
5 -5.82% 2 4 09/2014 02/2015

Drawdown

Up Capture vs. NHX Composite

Down Capture vs. NHX Composite

Time Window Analysis

3 Months6 Months1 Year2 Years3 Years
Avg. Monthly Return1.88%-0.65%-0.42%-0.10%-0.28%
% Positive100.00%66.67%58.33%54.17%47.22%
Avg. Pos. Period1.90%1.48%1.75%2.25%2.73%
Avg. Neg. Period - -4.76%-3.36%-2.78%-2.88%
Sharpe Ratio4.17-0.65-0.43-0.06-0.24
Sortino Ratio0.00-0.82-0.62-0.16-0.42
Monthly Volatility1.57%3.20%3.00%3.00%3.29%

Return Report

Period BestWorstAverageMedianLastWinning %
1 Month 7.85%-6.77%0.43%0.34%1.31%56.88%
3 Months 14.47%-10.23%1.25%1.27%5.76%60.76%
6 Months 18.91%-12.14%2.49%2.43%-3.86%64.52%
1 Year 23.98%-12.48%5.43%4.98%-4.93%77.18%
2 Years 33.10%-13.36%12.01%10.72%-2.30%87.59%
3 Years 49.18%-15.95%20.59%20.04%-9.73%95.20%
5 Years 60.79%8.89%39.28%40.47%13.94%100.00%

Volatility (12 Months Rolling)

CORRELATION (12 MONTH ROLLING)

AUM (EUR)

Disclaimer

This information is intended for institutional investors only. All data including performance numbers have been supplied by the respective managers and funds. HedgeNordic in no way guarantees the accuracy of these numbers and has supplied them to you for information purposes only. This does not constitute a solicitation to buy or an offer to sell. No investment should be made without fully reviewing the associated risk factors, fees and conflicts of interest as outlined in each fund’s risk disclosure document. There may be funds which have chosen not to be listed in the HedgeNordic database and the NHX that may have better or worse performance than those in our database.

The risk of loss in investing in hedge funds can be substantial. You should therefore carefully consider whether such trading is suitable for you in light of your financial condition. Past results are not necessarily indicative of future results. Trade only with risk capital. Sales restrictions may apply in your jurisdiction.

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Data and information is provided for informational purposes only. Past performance is not necessarily indicative of future results.

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